This list of Canadian universities by endowment groups the universities in Canada according to their endowments. As of the end of the 2024/2025 fiscal year, the total value of endowments at Canadian universities was almost $26 billion.
Some universities do not have endowments while the largest endowment for a single university - the University of Toronto - is over $4 billion.
Mount Allison University has the largest endowment per student of non-federated Canadian universities and the second largest endowment per student of all Canadian universities after Victoria University, federated with the University of Toronto, reaching over $107k per student as of December 31, 2021. Mount Allison has significantly larger endowments than the average Canadian and Atlantic Canadian primarily undergraduate university.
The following are the Canadian universities with financial endowments over $1 billion, expressed in Canadian dollars at fair value. All sources are official audited financial statements published in the respective fiscal years. As a collegiate university, the University of Toronto reports its financial and endowment information exclusive of its colleges, which hold additional endowments of their own.
Endowments over C$1 billion + Canadian universities by endowment (billions of Canadian dollars) Institution 2025/26 2024/25 2023/24 2022/23 2021/22 University of Toronto$4.480$3.933$3.616$3.267$3.167 University of British Columbia$2.907$2.641$2.336$2.123$2.104 McGill University $2.136$1.977$1.822$1.739 University of Alberta$2.091$1.912$1.815$1.728$1.639 Queen's University at Kingston$2.170$1.717$1.597$1.448$1.407 University of Calgary $1.719$1.540$1.316$1.176$1.162 University of Western Ontario $1.426$1.296$1.141$1.046
Endowments C$250 million to C$1 billion + Canadian universities by endowment (millions of Canadian dollars) Institution 2025/26 2024/25 2023/24 2022/23 2021/22Carleton University$401.181$370.157$361.423$343.266 Dalhousie University $783.313$753.271$707.191$681.497$597.593 McMaster University $882.314$815.1$750.5$704.994 Simon Fraser University $557.498$520.4$485.471$470.610 Université de Montréal $530.672$469.157$428.951$403.054 University of Ottawa$361.952$350.738$333.880$321.301 University of Guelph$536.816$486.113$445.165$411.6 University of Manitoba $739.335$675.969$619.983$600.213 University of Victoria$470.829$455.457$436.144$418.237 University of Waterloo $565.462$524.827$492.010$464.677 Victoria University, Toronto $592.945$572.304$555.701$544.261 University of Saskatchewan $535.573$509.173$475.371$462.817 York University $661.612$607.792$566.712$533.567 University of New Brunswick $276.505$259.864$238.328$215.945 Mount Allison University $303.672$244.737$235.698$220.585$215.1 Saint Francis Xavier University $272.863$227.766$207.184$182.539$185.261
Endowments less than C$250 million + Canadian universities by endowment (millions of Canadian dollars) Institution 2025/26 2024/25 2023/24 2022/23 2021/22Brock University $132.011$130.145$122.332$119.025 Laurentian University $52.527$49.614$47.510$60.961 Laval University$237.424$224.497$199.944$34.679 University of Lethbridge $112.816$109.910$104.301$94.892$94.499 Memorial University of Newfoundland $216.007$197.468$177.960$158.794$156.119 Nipissing University $14.968$12.859$12.702$12.326 Toronto Metropolitan University $169.473$162.661$155.492$148.873 Trent University $108.712$102.312$95.119$86.909 University of Regina$80.855$71.299$64.115$60.490$59.316 University of Windsor $165.228$151.903$139.776$140.486 University of Prince Edward Island $69.065$66.049$60.134$54.133 Lakehead University $62.393$58.650>$68.626$64.417 Wilfrid Laurier University $129.213$120.539$113.943$107.752 Redeemer University College$10.229$7.206 $6.608$6.201$6.220 Trinity Western University $56.434$47.712$41.641$36.953$33.578 University of King's College $46.655$43.971$37.601$35.348$35.613 Saint Mary's University $61.110$54.511$53.266$58.300 Acadia University $164.612$146.296$133.599$120.130$117.538 Mount Saint Vincent University $44.674$39.410$36.537$36.221 Mount Royal University $91.700$76.339$78.043$76.966 Concordia University $172.167$158.623$142.530$139.068 University of Northern British Columbia $75.591$73.119$71.871$69.464 Algoma University $4.091$3.909$3.878$3.660 Ontario College of Art and Design University $23.618$21.872$19.572$19.896
See also Lists of institutions of higher education by endowment size U15 Group of Canadian Research Universities List of universities in Canada
References